The company strengthens its smart gas portfolio by offering consulting services such as utility lifecycle management services, application foundation review services, and exception management among others for operators. However, the company has generated 9.28% revenue from its software and cloud solutions out of the total revenue in 2016, which is further expected to grow in coming years.
USP : Oracle provides solutions for electricity, natural gas, and water utilities. Oracle offers utility solutions including asset operations solution for managing fixed and linear assets, network operations solution for safety, network reliability and distribution-generation modeling, meter operations solution for building meter data value chain and customer operations & customer experience solution for improved information management and personalize insights. In addition to that, it also provides consulting and other related services for customers. Oracle smart gas solution functions include customer care & billing, portals, meter data management, work & asset management, mobile workforce management, analytics, and others.
360 Connect helps you reach out to vendors and find the right people connect to it. Think of it as a concierge service for businesses to connect with other businesses, to buy, sell or invest in.
ORACLE CORPORATION Presence in Smart Gas Solutions
The main strategy of Oracle involves the implementation of Oracle Fusion Middleware to grow streamlined
business with innovative solutions. Oracle is enhancing its business needs through some of the organic
and in-organic business activities such as acquisitions and new product launches. In May 2016, Oracle
acquired Opower, one of the leading providers of customer engagement and energy efficiency cloud
services for utility, for USD 532 million. This acquisition would enable global utilities such as PG&E, Exelon,
and National Grid to deliver a modern digital customer experience. It has adopted a strategy of achieving
operational excellence for enabling utilities to deliver secure, scalable, and reliable process and improved
results. Oracle has initiated focusing on analytics and Big Data to sustain in the competitive market with
the provision of a complete set of data handling as well as organizational and analytical tools for gas
utilities. Oracle believes in working with organizations across the world as it is working with gas utilities
including small & large, private, and public utilities to empower its presence worldwide.
Questions & Answers
Request Free Q&A Report
Read queries raised by buyers, vendors, experts and analysts